Home > Tag Archives: Christmas Budget

Tag Archives: Christmas Budget

5 Reasons Why People Spend Too Much Over The Holidays

Don't overspend at Christmas

It’s almost Thanksgiving and after that, only a few short weeks until Christmas. Stores are gearing up for the mad rush we call holiday shopping, hoping the last 6 weeks of the year will keep them in the black. My big wish for everyone this holiday season is to keep your own budget in the black. How many of you have started a new year with less money or more bills that you planned? Here are 5 reasons why I think people spend too much money over the holidays and how you can avoid the traps retailers use to get more of your hard earned money. 1) Credit This was always our Achilles Heel at Christmas or really anytime we went shopping. If we didn’t have the money, it didn’t matter. It’s so easy to get caught up in the moment, swipe the card, and not think about it until the bill comes next month. To avoid overspending, set a limit for gifts and once you’ve hit the limit, stop. If you can’t be trusted with credit cards, shop with cash or purchase gift cards in the amount you can afford. Once the money is gone, it’s impossible to overspend. ...

Read More »

Is There Ever a Reason to Blow Your Christmas Budget?

As you may know, I am working very hard toward paying off debt and staying within a budget for the first time ever. We’ve been doing really well. We haven’t gone overboard with Christmas presents and have used rewards points, bartering, or baking for most of what we’ve done so far. However, I went out to lunch with a co worker this week and what I saw caused me to blow my Christmas budget. First of all, since I don’t go out for lunch, I was terribly excited to get to go to my favorite lunch place, Once Upon a Sandwich. It was even better that I had to meet with my insurance biller to discuss end of the year details. It was a business lunch and didn’t cost me a thing. Our table was by a Christmas tree that had one lone ornament. The “ornament” was actually a piece of red construction paper cut out in the shape of a stocking. On it was written: Boy Age 14 Fallen /DC or Graphic T-shirts Size M/L Jeans 30/30 The tree was for selecting a child to adopt for Christmas. This particular one was for children in foster care, and this ...

Read More »